Also known as the Bimini Twist Knot.
The Bimini Twist sounds like a dance move taught to Caribbean cruise goers. which is actually not far off from its origins. The Bimini Twist is part of a family of knots created for offshore sportfishing, which many seafaring visitors flock to the Caribbean to partake in. Hooking a fighting the large gamefish of the Caribbean puts enormous strain on terminal tackle, and the choice of knot is of utmost importance.
To tie the Bimini Twist, conventional practice suggests making dozens (twenty, thirty, or even upwards of sixty) of initial twists in order to increase the friction needed for the holding mechanism of the knot. The result of the twists is a strong loop, which is subsequently used for a loop-to-loop connection with a leader.